Clifford Chance Badea, the Bucharest office of global law firm Clifford Chance, advised Carmistin International SRL in connection with the EUR500 million financing arranged by Banca Comerciala Romana (BCR) and ING BANK N.V. – Bucharest branch, in which most banks present on the Romanian market participated.
Tiberiu Moisa, Deputy CEO of Banca Transilvania (stock symbol: TLV), the largest credit institution in Romania, on December 17 sold a total of 100,000 TLV shares, at a price of RON30.1495 per share, which means little over RON3 million.